Commerce Lexington Inc
To represent our members, creating the environment and opportunity for economic prosperity and quality living in central Kentucky.
Commerce Lexington Inc at a glance
In short: Commerce Lexington Inc gave $434K across 1 grant in 2024 (avg $434K), mostly in Kentucky. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $433,655
- Grants made (2024)
- 1
- Average grant
- $433,655
- Median grant
- $433,655
- Total assets
- $6,076,860
- -14.8% vs 2023
- Primary geography
- Kentucky (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Commerce Lexington Inc
Open Grants
4 open opportunities from Commerce Lexington Inc
Salute to Small Business Awards - Business Success Award
Commerce Lexington Inc
Amount
Varies
Deadline
Deadline not published
Salute to Small Business Awards - Entrepreneur Award
Commerce Lexington Inc
Amount
Varies
Deadline
Deadline not published
Salute to Small Business Awards - Minority Business Award
Commerce Lexington Inc
Amount
Varies
Deadline
Deadline not published
Who Commerce Lexington Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Commerce Lexington Foundation Inc ($434K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $434K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Commerce Lexington Foundation Inc Lexington, KY | Donation to Assist with Creation of Entity | $433,655 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $6,076,860 | $4,806,508 | $5,393,020 | $433,655 | 1 | $121,438 |
| 2023 | $7,136,220 | $4,585,100 | $4,655,848 | — | — | $94,283 |
| 2022 | $6,824,695 | $4,156,532 | $4,303,935 | — | — | $27,701 |
| 2021 | $6,530,794 | $4,699,929 | $3,695,690 | — | — | $5,442 |
| 2020 | $5,766,494 | $3,268,529 | $2,984,121 | — | — | $4,635 |
About Commerce Lexington Inc
Based on IRS filings
Commerce Lexington Inc is a public charity, based in Lexington, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.1M in total assets. In 2024, it awarded 1 grant totaling $434K. Net investment income was $121K.
Leadership & Key People
Officers and directors from IRS filings
Commerce Lexington Inc is led by Robert L. Quick, President & CEO on every filing since 2020; 6 of 23 officers listed in 2024 are compensated.
Officers on the 2024 filing
Robert L. Quick
President & CEO
On filings since 2020
40 hrs/week
$233K (2020) → $253K (2024)
Steve Byars
Board Chair
Chair-Elect → Board Chair, 2024
On filings since 2023
1 hr/week
No compensation reported
Andi Johnson
Chief Policy Officer & Director
On filings since 2020
40 hrs/week
$112K (2020) → $152K (2024)
Gina Greathouse
Executive Vice President
On filings since 2020
40 hrs/week
$144K (2020) → $166K (2024)
Lynda Bebrowsky
Executive Vice President
On filings since 2020
40 hrs/week
$121K (2020) → $136K (2024)
Tyrone Tyra
Senior Vice President & Com
On filings since 2020
40 hrs/week
$127K (2020) → $127K (2024)
Lisa D. Mahan
Vice President of Strategic Partnerships
New on the 2024 filing
40 hrs/week
$127K (2024)
Carla Blanton
Board Chair-Elect
Vice Chair & Public Policy → Board Chair-Elect, 2024
On filings since 2020
1 hr/week
No compensation reported
Cassidy Rosenthal
Immediate Past Chair
Chair Elect → Board Chair, 2023
Board Chair → Immediate Past Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Danny Murphy
Vice Chair, Membership & Engagement
At-Large → Vice Chair & Communications, 2023
Vice Chair & Communications → Vice Chair, Membership & Engagement, 2024
On filings since 2020
1 hr/week
No compensation reported
Daryl Smith
At-Large Member
Vice Chair, Business & Edu → At Large, 2022
At Large → At-Large Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Kevin Atkins
Lfucg Representative
On filings since 2020
1 hr/week
No compensation reported
Larry Forester
Vice Chair, Community & Minority Business Development
Vice Chair & Community → Vice Chair, Community & Minority Business Development, 2024
On filings since 2020
1 hr/week
No compensation reported
Luther Deaton
Vice Chair & Economic Development
On filings since 2020
1 hr/week
No compensation reported
Toa Green
Vice Chair & Leadership Development
On filings since 2020
1 hr/week
No compensation reported
Branden Gross
At-Large Member
General Counsel → At-Large Member, 2024
On filings since 2022
1 hr/week
No compensation reported
Debbie Smith
Treasurer
On filings since 2022
1 hr/week
No compensation reported
Tucker Ballinger
Vice Chair, Business & Education Network
Vice Chair, Business & Edu → Vice Chair, Business & Education Network, 2024
On filings since 2022
1 hr/week
No compensation reported
John Mahan
Regional Representative
On filings since 2023
1 hr/week
No compensation reported
Jonathan Caldwell
Vice Chair & Communications
At-Large → Vice Chair & Communications, 2024
On filings since 2023
1 hr/week
No compensation reported
Keeana Boarman
General Counsel
At Large → General Counsel, 2024
On filings since 2023
1 hr/week
No compensation reported
Nick Nicholson
Vice Chair, Public Policy & Regional Engagement
New on the 2024 filing
1 hr/week
No compensation reported
Stephanie Bell
At-Large Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (11)
- Former: John Gohmann (2020–2023) — Immediate Past Chair
- Former: Mark Turner (2020–2023) — Chief Communications Officer
- Former: Kimra Cole (2023) — Vice Chair, Membership & M
- Former: David Freibert (2020–2022) — Regional Representative
- Former: Doug Barr (2020–2022) — At-Large
- Former: Jeff Koonce (2020–2022) — At-Large
- Former: Ray Daniels (2020–2022) — Immediate Past Chair
- Former: Ron Tritschler (2020–2022) — Vice Chair, Membership & M
- Former: Dave Sevigny (2020–2021) — At-Large
- Former: Greg Mullins (2020–2021) — Treasurer
- Former: Mark Manuel (2020–2021) — At-Large
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $253K, to Robert L Quick (President & CEO). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Commerce Lexington Inc
How much does Commerce Lexington Inc give each year?
Commerce Lexington Inc gave $434K across 1 grant in 2024, according to its 2024 IRS Form 990.
How large is Commerce Lexington Inc?
Commerce Lexington Inc reported $6.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.8M.
Where does Commerce Lexington Inc operate?
Commerce Lexington Inc has awarded grants in Kentucky.
What is Commerce Lexington Inc's EIN?
Commerce Lexington Inc's EIN (Employer Identification Number) is 61-0258800. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS September 24, 2025)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Commerce Lexington Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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